- Advert ID: 483039
- (Seller ref: 5-4124-BC)
Full Service Locksmith Business For Sale
- Location:
-
- Canada
- > British Columbia
- > Penticton
- > Penticton
- Category:
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Summary
- Asking price:
- $345,000 (Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- $367,500
- Net profit:
- $83,000
- Years established:
- Established by the current owner in 1970
- Employees:
- 2
Business description
This full service locksmith business was established by the current owner in 1970. Over the past 37 years, this company has become the premier locksmith business in the Southern Okanagan.
This highly regarded company enjoys an excellent reputation with both residential and commercial customers. They currently service long term contracts with commercial customers such as Royal Bank, the city of Penticton, Canada Post, Canada Revenue Agency and many, many more. They are also the locksmith service of choice for many builders and property management companies.
Included in the purchase price is $100,000 worth of modern furniture, fixtures and equipment (at used replacement value) and $100,000 worth of inventory (at cost).
The current owner will carry back up to $50,000 of the purchase price for a qualified buyer.
Experience as a locksmith is not absolutely necessary as a fully trained staff is in place and the seller will provide full operational training. However, the ideal purchaser would be an individual or couple that have locksmith and/or security systems experience and would enjoy living and growing a very successful business that is located in the most desirable community in the Southern Okanagan. Information on the company can be viewed on the Penticton Chamber of Commerce web site at: www.penticton.org.
Contact us today for full information on this outstanding opportunity!
Property information
- Real Estate:
- Lease
- Lease terms:
- Excellent long term lease in place
- Location:
- Prime Main Street location!
Other information
- Expansion potential:
- Outstanding potential to expand into security systems installation and servicing.
- Competition / Market:
- Largest business of its kind in the community.
- Support & training:
- Seller will provide full operational training.
- Reasons for selling:
- Retirement
- Trading hours:
- 5 1/2 Days
- Financing available:
- Seller will carry back up to $50,000 for a qualified buyer
- Furniture / Fixtures value:
- $100,000 (included in the asking price)
- Inventory / Stock value:
- $100,000 (included in the asking price)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
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- Canada
- > British Columbia
- > Penticton
- > Penticton
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